What amount of money did/do you live on, as a student?

[ChiSquare]

Hello good people

I am currently a second year student. I've gotten my spending habits under control after last year's clubbing shit-show and realised that I can put away quite a bit of money each month, I just need to carefully plan out my expenses. I am very inexperienced when it comes to budget planning though 🤣

So I thought I will really benefit by listening to how other people live/lived as students with their available monthly allowance. Especially with regards to groceries and the amount you spend/spent on them. Also if you learned any hacks with regards to certain types of food, shops, groceries, recipes etc... Please let me know.

The end goal for this is to have my PC built by the end of the year, using the money I've saved. Fingers crossed.

 

[cdmnuy]

I spent a lot of money on booze, birds and fast cars. The rest I just squandered.

George Best

 

[ChiSquare]

I spent a lot of money on booze, birds and fast cars. The rest I just squandered.

George Best

Was it worth it at least? 😂
Esit: oh just saw the quote. Nevermind.

 

[cdmnuy]

Was it worth it at least? 😂
Esit: oh just saw the quote. Nevermind.

He died young but I’m sure it was 😂

 

[Gunner_ZA]

Save your money and only spend the necessary.

Your results will be determined by your discipline.

 

[JoyKyller]

Hello good people

I am currently a second year student. I've gotten my spending habits under control after last year's clubbing shit-show and realised that I can put away quite a bit of money each month, I just need to carefully plan out my expenses. I am very inexperienced when it comes to budget planning though 🤣

So I thought I will really benefit by listening to how other people live/lived as students with their available monthly allowance. Especially with regards to groceries and the amount you spend/spent on them. Also if you learned any hacks with regards to certain types of food, shops, groceries, recipes etc... Please let me know.

The end goal for this is to have my PC built by the end of the year, using the money I've saved. Fingers crossed.

I'm also a student doing my third year I saved my cash by putting it into fixed savings accounts for 6 month period or 12 months hence not allowing me to have access to that money till the term is over and I regularly put money into it to grow it.

On the expense side, I made sure not to eat extravagantly as they are students who sell noodles and other grocery items on campus for cheaper prices than shops you ut have to find them on campus like buying 40 packs of noodles for R200.

and for outings you can go out here and there to have fun if you have friends to do so but also limit your spending there cause stuff can get hectic, just have a draft of all your bills and count every essential thing you need to do then establish what is excess or what are things you can probably do without then set aside that money for expenses and add an extra R500 or so as a safety net in case something happens and you need cash readily available,

Then whatever you have after all that are funds you can put aside that I have managed to save R17k so far, the PC I want to build by August or so is R26k +-R2000 due to specials being there or not.

 

[ChiSquare]

as they are students who sell noodles and other grocery items on campus for cheaper prices than shops you ut have to find them on campus like buying 40 packs of noodles for R200.

This is such a good deal 😂 I dont know if we have any plugs like that here in Stellies. I’ll ask around.

 

[Dom]

Hello good people

I am currently a second year student. I've gotten my spending habits under control after last year's clubbing shit-show and realised that I can put away quite a bit of money each month, I just need to carefully plan out my expenses. I am very inexperienced when it comes to budget planning though 🤣

So I thought I will really benefit by listening to how other people live/lived as students with their available monthly allowance. Especially with regards to groceries and the amount you spend/spent on them. Also if you learned any hacks with regards to certain types of food, shops, groceries, recipes etc... Please let me know.

The end goal for this is to have my PC built by the end of the year, using the money I've saved. Fingers crossed.

Hit up @Jack Rabbit Group if you need any help with budget/finance planning

From the info you have given, I assume you get an allowance from parents/not a job & live in a res/dorm?

 

[ultimate]

I just made it hard for me to spend the money( never have money to swipe always have to transfer and think about the money you spend or put savings in different bank account so you have to wait a day or pay for immediate payment).

And echono foods chicken nuggets/strips and chips in the air fryer 1 kg nuggets R79 2.5kg chips R89

 

[JoyKyller]

This is such a good deal 😂 I dont know if we have any plugs like that here in Stellies. I’ll ask around.

I'm sure there is one student selling somewhere some even have deals on snacks and so froth hopefully you find them

 

[StangV2_0]

Never studied. Folks couldn't afford it and neither could I coming out of school. Immediately started working. First job was barman. Wasn't much but gave some cash for surfing etc.

Then got a job at Game when I was 20. Made R230/week plus extra R80 or so if you worked on a Sunday. Then got commission and incentives based on what you sell. Would take home about R800 a week or more if you did well. Was styling it! Always had petrol money for the V6 Sierra and mates and I always had a jol. Was buying new surfboards, new wetsuits, sound for the car, had no commitments. Always had cash to go do something.

It's funny how times can change. Well not funny, but you look back at it thinking how much simpler life was.

 

[ChiSquare]

Never studied. Folks couldn't afford it and neither could I coming out of school. Immediately started working. First job was barman. Wasn't much but gave some cash for surfing etc.

Then got a job at Game when I was 20. Made R230/week plus extra R80 or so if you worked on a Sunday. Then got commission and incentives based on what you sell. Would take home about R800 a week or more if you did well. Was styling it! Always had petrol money for the V6 Sierra and mates and I always had a jol. Was buying new surfboards, new wetsuits, sound for the car, had no commitments. Always had cash to go do something.

It's funny how times can change. Well not funny, but you look back at it thinking how much simpler life was.

I assume this was many many years ago right?

 

[TheJudge]

This takes me back to R1 beer specials in 1995...

 

[Kaasbun]

This takes me back to R1 beer specials in 1995...

We had R1 shooters (not tequila) in 2002, you could get 2 shots of tequila for R1 which was kak cheap for a student....

 

[ChiSquare]

We had R1 shooters (not tequila) in 2002, you could get 2 shots of tequila for R1 which was kak cheap for a student....

2 shots of tequila here in stellies is like R70 now 😭

 

[Scarlet Scarab]

R700 a month gets me through it mostly. About a quarter through my 4-year bachelor's degree now. At least I don't have to worry about food or rent so I got that going for me.

 

[ChiSquare]

R700 a month gets me through it mostly. About a quarter through my 4-year bachelor's degree now. At least I don't have to worry about food or rent so I got that going for me.

Wow when I saw the R700 i was so shocked. I thought it was groceries included too 😅 What you studying btw?

 

[TheJudge]

We had R1 shooters (not tequila) in 2002, you could get 2 shots of tequila for R1 which was kak cheap for a student....

Ja we used to have ZimSoc (Zimbabwe Society) at Rhodes that would organise parties , good fun. Back then the cigarette reps would come too with trays full of free smokes. A friend ended one of those parties when he opened the firehose on the crowd. 🤣

Barney Simon came once and got pulled off stage because he tried to hand free stuff to a specific student, he learned to throw things after that. Got pissed off because we started singing Barney is a Dinosaur.

On topic though its a huge problem, my wife is involved in setting up assistance schemes for students at Stellies to keep some students fed. NSFAS has been a disaster.

 

[L0phostrix]

I live parasitically off of my parents money 👍

 

[Kaasbun]

Ja we used to have ZimSoc (Zimbabwe Society) at Rhodes that would organise parties , good fun. Back then the cigarette reps would come too with trays full of free smokes. A friend ended one of those parties when he opened the firehose on the crowd. 🤣

I lived with a rep that resell alcohol, so they would get "eye candy" chicks to get everyone to try their drink and then would promote that/those drinks for a week or until the supply has run dry, then the next week it would be something else. I never drank as a student, had to work and study full-time to get by, but boy did I sell the free stuff to colleagues from work.

I lived on R1.1k per month, of that R340 was for rent, the rest was for food, electricity and cellphone.

 

[valiente]

I just made it hard for me to spend the money( never have money to swipe always have to transfer and think about the money you spend or put savings in different bank account so you have to wait a day or pay for immediate payment).

And echono foods chicken nuggets/strips and chips in the air fryer 1 kg nuggets R79 2.5kg chips R89

I get saving money and living cheap, but don't put shit into your body so that you can save money.

What is the point of saving up all that money if you just going to be eating cheap fast food and probably die sooner or live a miserable life...


Don't cheap out on food, exercise, sleep & health!

 

[gavin286]

Circa 2006 I house-shared with a mate for I think R700 p/m. Had a R2k p/m job with a company Fiat UNO and life was good!

 

[FeelsBranMan]

Ahem, what a funny post

 

[Scarlet Scarab]

Wow when I saw the R700 i was so shocked. I thought it was groceries included too 😅 What you studying btw?

Doing my bachelor's in computer science. The maths is killing me ngl.